What is life insurance?
Life insurance provides a tax free lump sum of money after you pass away to your beneficiary. This money is most commonly used to replace lost income from the policy holder. Life Insurance provides affordable financial protection, and most importantly peace of mind, to people whose friends or family rely on them financially.
Money from a life insurance policy most commonly gets used to pay for expenses such as mortgage, necessary expenses life utilities and food, children's education costs, funeral arrangements, and more.